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#ASATRYAN

Economy

Former head of Central Bank: economic activity figures in nine months of 2022 'impressive'

In an interview with Civilnet.am, former head of Armenia's Central Bank Bagrat Asatryan described the economic activity figures in the first nine months of 2022 as 'impressive', noting that the growth was accelerated largely by the Russian-Ukrainian conflict making Armenia benefit from an influx of quality specialists from Russia and from an increase in remittances.

31.10.2022, 10:41

Economy

Ex-head of central bank describes economic figures as positive

Armenia’s economic growth of about 6% this year is within the expected band and is quite positive, the ex-head of the Central Bank Bagrat Asatryan told reporters today.

21.12.2018, 19:14

Business

Former chief of central bank speaks against postponement of funded pension system

A former head of Armenia’s Central Bank Bagrat Asatryan disagreed today with the decision of Labor and Social Affairs Minister Mane Tandilyan to postpone the introduction of mandatory funded pension system for the private sector, saying that the delay could have negative consequences.

30.05.2018, 16:22

Politics

Ex governor of central bank blames increased military budget on complicated situation on border with Azerbaijan

A former governor of Armenia’s Central Bank has blamed today the complicated military and political situation on the Armenian-Azerbaijani border for Armenian government’s decision to raise the military spending for next year by 34 billion drams.

07.11.2017, 18:02

Economy

Oligarchy and monopolies block flow of investments- ex-governor of central bank says

The Armenian economy is dominated by the oligarchy and monopolies, making competition and attraction of fresh investment impossible, according to ex-chairman of the Central Bank Bagrat Asatryan.

12.09.2017, 18:41

Economy

Armenia needs 7-10% annual growth to secure sustainable economic expansion

To ensure a sustainable economic growth Armenia needs an annual economic expansion of at least 7-10%, a former chairman of Armenia’s Central Bank, Bagrat Asatryan, told a news conference today.

30.01.2017, 16:18

Economy

Armenian experts warns of deep economic crisis

There is no threat of default in Armenia, however, a deep economic crisis is quite possible, former head of the Central Bank Bagrat Asatryan said today when asked to comment on a wake-up call, made earlier this month by Armenia’s first post-Soviet president Levon Ter-Petrosian that Armenia may soon face a “real economic disaster” in the form of a “hidden default.”

25.10.2016, 18:49